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Published on August 30, 2007

It also fulfils SCG's aim to become an integrated solutions service in the paper business. No one has entered the solutions market yet and SCG believes it will become a big business opportunity.

Initially, InfoZafe, established last year, provided a discarded-information destruction service, a security room for storing information for 10 years, a security vault and the recording of all information on discarded papers on a CD as a back-up document.

InfoZafe managing director Montri Mahaplerkpong said yesterday that the company expected to generate Bt50 million revenue by the end of next year and to reach breakeven point in three years.

The initial service required the company to invest Bt50 million in buying paper-destruction machines from New Zealand and the US, a pickup truck to transfer discarded information to its plant in Nava Nokorn Industrial Estate and a six-wheeled truck with small machines to destroy papers at the offices of corporate customers.

Machines at its plant can destroy five tonnes per hour while small truck-mounted machines can destroy one tonne. Paper is shredded to 13 millimetres. InfoZafe will sell the shredded paper to its affiliate company and other paper manufacturers for recycling.

Montri said all procedures from receiving discarded papers to destroying them are monitored by its Radio Frequency Identification (RFID) system. All vehicles are installed with GPS to closely follow driving routes. At the same time, customers can follow the destruction process by coming to the plant, watching via an online system or waiting for the CD recording of all processes from the beginning to the end, which will be sent the next day. All papers are destroyed within 24 hours of receipt.

The service charge per month is approximately Bt3,000.

Montri said additional services would be ready late this year or early next year. They will require a Bt20-million investment. However, InfoZafe would have to study the business potential of servicing the security vault.

As an early step, the company chose to approach international companies first before going on to local companies. InfoZafe found that international companies always required this kind of service but there was no obvious company to provide it.

Montri said Thailand still had a very low awareness of the importance of information security unlike developed countries such as the US and Japan. Thailand thus has a high risk of information leakage.

Citing information by the National Association for Information Destruction (NAID) from the US, Montri said 70 per cent of information leakage came from paper in circulation in the office environment that was not part of formal records management policy while 12 per cent came through online technology.

The company has already attracted 10 corporate customers including KPMG Thailand, PricewaterhouseCoopers, American Express Thailand, the Export-Import Bank of Thailand, Toshiba Thailand and Deves Insurance.

It expects to gain 150 corporate customers by the end of next year.

Montri said InfoZafe had already applied for membership of the NAID, which has 2,000 members worldwide.

Nitida Asawanipont

 The Nation